Merck KGaA
MKKGY · OTC · Healthcare
$29.83
$0.31 (-1.03%) today
Market Cap
$64.85B
24h Volume
$197.6K
P/E Ratio
23.7
52w High
$33.83
52w Low
$23.35
Est. AI Revenue
8%
7-Day Sparkline (Static)
Company facts
Performance
About Merck KGaA
Merck KGaA is a German science and technology group with three business sectors: Healthcare, Life Science, and Electronics. It sells prescription medicines, lab tools and bioprocessing supplies, and specialty materials for chip and display makers. In North America it operates as EMD because the Merck name there belongs to a separate US company.
The Electronics sector, built partly on the Versum Materials and Intermolecular acquisitions, supplies deposition materials, CMP slurries, and gas and chemical delivery systems for leading-edge chipmaking. Management ties the unit's growth to AI-driven node transitions.
Founded in 1668 and headquartered in Darmstadt, Merck KGaA is the world's oldest operating pharmaceutical and chemical company, with roughly 62,100 employees. US investors hold its shares through OTC-traded depositary receipts.
Merck KGaA in the AI buildout
Merck KGaA sits in the Raw Materials and Chip Equipment layers of the AI buildout. Its Electronics sector supplies the deposition materials, CMP slurries, and delivery systems fabs consume as they move to more advanced nodes, and AI-driven node transitions increase the materials content per wafer. The exposure is real but sits inside a group where healthcare and life science dominate, so semiconductor demand moves the needle less than pharma pipelines and lab spending.
MKKGY is tracked in Raw Materials & Mining and Chip Equipment & Foundries, rated Peripheral on the AI Exposure leaderboard.
By the numbers
52-week range
MKKGY trades at $29.83, 62% of the way up its 52-week range of $23.35 to $33.83.
Market cap
Market capitalization is $64.85B, with an AI Exposure Score of 15 out of 100.
Valuation vs peers
Its P/E ratio of 23.7 is below the Raw Materials & Mining category median of 29.7.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Merck KGaA do?
Merck KGaA is a German science group with three sectors: Healthcare, which sells prescription medicines, Life Science, which sells lab and bioprocessing tools, and Electronics, which supplies semiconductor and display materials. It operates as EMD in North America.
How is Merck KGaA exposed to AI?
Its Electronics sector supplies deposition materials, CMP slurries, and delivery systems for the advanced chipmaking nodes AI accelerators require. Healthcare and life science remain the group's core. Supercycle rates it Peripheral with an AI Exposure Score of 15 out of 100.
Is Merck KGaA the same as Merck & Co?
No. Merck KGaA of Darmstadt, Germany and Merck & Co of the US are separate companies that share a historical root. Outside North America the German company uses the Merck name; inside North America it operates as EMD.
Is MKKGY a pure play AI stock?
No. Most of the group's business comes from healthcare and life science. The Electronics sector gives it genuine semiconductor materials exposure, but the investment case rests mainly on drug development and laboratory demand.
Who leads Merck KGaA?
Kai Beckmann became CEO of Merck KGaA in May 2026, succeeding Belen Garijo. He previously ran the company's Electronics business, the unit closest to the AI story, giving the group a chief executive with deep semiconductor materials experience.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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